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Colombia’s external debt closed at $197.749 billion in April | Finance | Economy

Broadcast United News Desk
Colombia’s external debt closed at 7.749 billion in April | Finance | Economy

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At the end of April, Colombia’s public and private external debt closes at $197.749 billionThis figure represents 51.2% of gross domestic product (GDP), according to statistics compiled monthly by the Bank of the Republic.

(Read more: Debt bonds recover, but below average)

Compared to the same month in 2023, the total amount increased by $10.755 billion due to This figure amounted to US$186.994 billion.

In terms of external commitments and their share in GDP, in January this year it accounted for 54.0%. In February it was 53.6%, in March it was 50.8% and in April it was 51.2%.

(Read more: Will interest rates continue to fall as inflation rises in the country?)

external debt

Colombia’s external debt.

Private Archives

(See: ‘Mandatory investments should be agreed, not forced’: More criticism of the proposal)

Public sector external debt stood at 29.6% of GDP in April, while private debt stood at 21.6%.

this Public sector external debt According to the Bank of the Republic, total receipts and expenditures in the fourth month of the year amounted to $114.371 billion, and the private sector’s receipts and expenditures totaled $83.378 billion.

(See: CARF notice on fiscal rules: It says compliance not guaranteed)

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